Business & Tech
German Injects €78 M Into Rwanda’s COVID-19 Recovery
Rwanda and Germany have signed €78 million (Rwf90billion) agreement to support decentralization, good governance, exports promotion and technical education (TVET) among other initiatives. The financing and technical cooperation agreements was…
Rwanda’s E-mobility firm Gets $3.5m Investment, Plans Regional Expansion
Rwanda’s e-mobility company, Ampersand has closed a private investment in electric mobility which will enable the company to increase more electric motorcycles (e-motos). Ampersand Rwanda assembles electric…
Defining Artificial Intelligence, the Ericsson’s Way
The Industrial revolution has always got a boost and a common denominator that takes it to the next level and today, Artificial Intelligence(AI) is the main driver which is…
How Rwanda Plans to Eliminate HFCs Under Montreal Protocol
The Kigali Amendment to the Montreal Protocol was signed in Kigali in 2016 where signatories successfully penned the historic agreement that sought to avoid up to 0.5°C of…
Zigama CSS Records Rwf13.7 Billion Net Profit, Eyes Expansion
Zigama Credit and Savings Society (ZIGAMA CSS) has announced a net profit of 13.7 Billion for the 2020 financial year. It is an increase from 11 Billion recorded as…
Application Open for 2021 Africa’s Business Heroes Prize Competition
The “Africa’s Business Heroes” (ABH) prize competition, the Jack Ma Foundation’s flagship philanthropic program spotlighting and celebrating Africa’s entrepreneurial talent, opened applications for its third annual edition…
Bank of Kigali Registers Rwf38.4billion in Profits, Plans Post COVID-19 Recovery
Bank of Kigali Group PLC has registered a Rwf38.4billion of profit after tax, an increase of 3.0% y-o-y; with Return on average assets and Equity reaching…
Teachers Urged To Be Gender Sensitive During Tech Courses
The local tech experts have urged teachers to be gender-sensitive to be able to help female students while conducting tech practical lessons because some of them are reluctant due…
Cimerwa Shares Drop As Stocks Predict Quick Recovery
Rwanda Stock Exchange has said Cimerwa PLC reported a net profit of Rwf1.95billion but faced a drop in earnings per share down -43% as a result of due to…
Relief As Nyarugenge Launches Suspended Bridge Accross Yanze River
As the rainy season worries communities from either side of rivers who lose their right to connect due to floods that are becoming a common trend, communities on two sides…
Rwanda Announces More COVID-19 Recovery Funding
The Government of Rwanda has announced plans to increase incentives for manufacturers as part of a wider plan to boost an economic recovery for the private sector that was hit…
Bank of Kigali Digital Payments Drive to “Best Bank in Rwanda 2021”
Recently, Bank of Kigali (BK) was awarded as the “Best Bank in Rwanda 2021” at the Global Finance’s 28th annual awards for the World’s and Africa’s Best…
